[ANN] Xaurum [XAUR]

[overthetop2011]

XAUR appears far more stable in value than other alt coins.

[Aurum Project]

Development update:

We're developing a lot of new features, and we'll post some previews in the next days, starting with the Block Explorer.


     



     

Click for more pictures.

[Topknotbam]

Development update:

Looks very cool, thanks for the news @Aurum Project

[Kaznachej123]

Great news! Keep up the good work guys. We believe in you!

[Aurum Project]

Important notice

We have noticed that our production price mechanism is not working well, because it can be easily exploited, and it is. For this reason, we're introducing a change, that will introduce some uncertainty into this mechanism; only 30% of the funds going for the mint will now be acquired from the markets and the 70% minted.  The details of Xaurum operation remain subject to change, but of course only in a way that benefits the Xaurum commonwealth, and consequently all Xaurum users.

[densmirnov]

We have noticed that our production price mechanism is not working well, because it can be easily exploited...[/center]

Can you explain what kind of exploit are you talking about? And doesn't lowering the amount of coins acquired from the markets will have impact on market price?

[Puhi]

We have noticed that our production price mechanism is not working well, because it can be easily exploited...[/center]

Can you explain what kind of exploit are you talking about? And doesn't lowering the amount of coins acquired from the markets will have impact on market price?

New definition guaranties:
1. new gold for community - positive impact for all holders and rise of the base price
2. minting lower amounts of FIAT - now Masternodes can mint any amount and still benefit the community
3. lower support for speculative sales at production price

New definition benefits every holder in community and adds flexibility to Masternodes. It will have a very positive effect on market and base price. It will add liquidity and volume on exchanges.
Old definition had limitations and wasn't fair to everybody.

[Aurum Project]

We have noticed that our production price mechanism is not working well, because it can be easily exploited...[/center]

Can you explain what kind of exploit are you talking about? And doesn't lowering the amount of coins acquired from the markets will have impact on market price?

New definition guaranties:
1. new gold for community - positive impact for all holders and rise of the base price
2. minting lower amounts of FIAT - now Masternodes can mint any amount and still benefit the community
3. lower support for speculative sales at production price

New definition benefits every holder in community and adds flexibility to Masternodes. It will have a very positive effect on market and base price. It will add liquidity and volume on exchanges.
Old definition had limitations and wasn't fair to everybody.

This is correct, what we wish to achieve, is to enhance the core mechanism, that will always remain unchanged. The new 70/30 mechanism will have less immediate effect on the market and more will increase the mediated effect through the increase of our commonwealth, the latter always being the preferred choice.

[DesertDuke]

Would it be possible for someone associated with the XAUR project to post a flow diagram that shows exactly how the whole Minting, Mining, Commonwealth, Auresco, investing process works, I am having difficult understanding how everything fits together and what are the triggers for certain processes happening etc, I want to buy more XAUR but I need to fully understand it first, thanks, DD

[Aurum Project]

bitsquare listing

We're happy to announce that Xaurum will be listed on the bitsquare, the decentralized bitcoin exchange. Xaurum will be listed with the new release.

[Anarh]

go Xaurum go go go..... thank you for another exchange

[asti5034]

thanks for the news @Aurum Project

[kinzey]

Good news. How about poloniex, any plans in the future?

[Aurum Project]

Xaurum Mint XI:

Mint market-buy: 59.1 BTC

Gold increased: 2745.192307692308  g
Xaurum issued: 1888230.3239786467  XAUR
Xaurum Ratio: 0.00046791763744366853
1 g can be melted for: 2137.1282464649294  XAUR

Total Xaurum money supply: 88898709.23123255 XAUR  (total fees not subtracted)
Total Xaurum gold reserves: 41597.273995269985 g

Production price: 0.1202 $

]

[jure90]

We are on 23rd place on coinmarketcap and we have the highest volume on Bittrex.

http://imgur.com/a/6JMj6

http://imgur.com/a/8Fdi3

Great job guys!!

[Piston Honda]

lol, yeah great job...............a minor pump on news.

by friday it'll be dead again and have new bagholders.   

[Puhi]

Nice mint! Good job!

[nitja]

lol, yeah great job...............a minor pump on news.

by friday it'll be dead again and have new bagholders.  

this coin is much more alive than 98% of all the other coins. and also, with some real value. Just see all this shitcoins at polo, bittrex etc. Gold is increasing abnormally.. It's good to be a bagholder, going to make some real profit, relatively safetly.

[The-Accountant]

I bought some on august 25th and I couldn't be happier. Even thou this pump was little it was bigh enough to get some spotlight and some new attention to XAUR.

[kinzey]

It's nice to see XAUR being listed in Poloniex soon perhaps?